Today: 3 July 2026
Keel Infrastructure shares fall, nearly wiping out June note sale amount
2 July 2026

Keel Infrastructure shares fall, nearly wiping out June note sale amount

Keel Infrastructure Corp. slid hard Thursday, giving back nearly as much market cap as it raised in a June convertible note sale. The drop came three days after its addition to the Russell 3000. Shares changed hands at $4.64 at 12:36 p.m. EDT, down 13.66%, after dropping to an intraday low of $4.57. Google Finance listed 603.83 million shares outstanding, which means the market cap dropped by around $447 million from the last close. Keel wrapped up a $458 million convertible senior note deal on June 9, with about $445.4 million in net proceeds before costs tied to the offering and capped calls.
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TELUS (TSE:T) slide gives new CEO a tougher dividend challenge

TELUS (TSE:T) slide gives new CEO a tougher dividend challenge

2 July 2026
TELUS Corporation dropped in Toronto on Thursday, the first day of trading since Victor Dodig became CEO. The yield on the stock sits well above that of other big Canadian telecoms, but TELUS is still working to cut its leverage, leaving investors with a new issue to figure out. The Toronto Stock Exchange was shut Wednesday for Canada Day, with trading back to normal on Thursday. TELUS started at CA$15.00, moved up to CA$15.25 before dropping to CA$14.71—the same 52-week low shown on Google Finance. S&P/TSX Composite Index traded higher late morning.
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Ondas (NASDAQ:ONDS) faces holiday with short interest, volume spike and resale shares

Ondas (NASDAQ:ONDS) faces holiday with short interest, volume spike and resale shares

Ondas Inc. is showing up as another crowded short-interest play early Thursday, alongside its reputation as a defense-drone stock. Shares dropped 3.88% Wednesday, ending at $7.92, after ranging from $7.85 to $8.44. The stock was last at $7.96 in premarket trade, up 0.51% at 5:55 a.m. EDT, ahead of the regular Nasdaq open. Nasdaq lists normal hours as 9:30 a.m. to 4 p.m. Eastern, with U.S. markets set to close on Friday, July 3, for the Independence Day holiday. Volume hit 88.57 million shares on Wednesday, or 131% of the 65-day average, and that’s about 53% of reported short interest. MarketWatch put short interest at 167.52 million shares as of June 15, or 32.70% of the float. This is the
2 July 2026
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CrowdStrike split moves option-lot to $19,300 with stock holding close to highs

CrowdStrike split moves option-lot to $19,300 with stock holding close to highs

CrowdStrike Holdings, Inc. starts its first day after the 4-for-1 stock split with a lower per-share number for retail and options trades, but the valuation is unchanged. Shares climbed 1.26% Wednesday to $772.74, extending their winning streak to five sessions. The close left CrowdStrike 1.64% under its 52-week high of $785.66. On a split-adjusted basis, that puts the price at $193.19 ahead of the regular session open. At the time of the dateline, markets were still in the pre-open phase. The Nasdaq’s regular trading hours are 9:30 a.m. to 4:00 p.m. Eastern, with premarket open from 4:00 a.m. Nasdaq will be closed July 3 for Independence Day observed. Nasdaq 100 futures dropped 0.24% as of 5:00 a.m. ET, according to
2 July 2026
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Reddit (NYSE:RDDT) shares surge $4.6 billion on AI deal before firm books licensing revenue

Reddit (NYSE:RDDT) shares surge $4.6 billion on AI deal before firm books licensing revenue

Reddit, Inc. heads into Thursday’s New York premarket with investors looking at the numbers: shares jumped 13.7% Wednesday, closing at $197.42. That move adds about $4.6 billion in equity value, based on MarketBeat’s listed $38.01 billion market cap. In its March-quarter filing, Reddit reported $120.6 million in performance obligations tied mostly to long-term content licensing contracts longer than a year. The gap matters as the stock is trading on future AI data renewal hopes, not what Reddit has already signed. If the new licensing deals don’t come in higher, investors are just getting a high-priced ad stock growing fast.
2 July 2026
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CoreWeave faces $35 billion Meta exposure as stock slumps

CoreWeave faces $35 billion Meta exposure as stock slumps

CoreWeave, Inc. shed nearly as much in market cap in a single day as a third of its newest Meta Platforms, Inc. deal. Traders are shifting focus from just the company’s backlog to who will end up owning the future supply of AI compute. The stock traded at $85.69, off 13.9% from the previous close. Meta gained 8.8% to $612.91. Shares of Nebius Group N.V., which also has Meta exposure, dropped 17.0%. The Invesco QQQ Trust Series 1 shed 1.5%. The SPDR S&P 500 ETF Trust was mostly flat.
2 July 2026
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Nebius Group (NASDAQ:NBIS) slides as neocloud contract bump gets tested

Nebius falls after Nasdaq-100 inclusion puts Meta exposure in focus, high shorts in play

Nebius Group N.V. traded lower ahead of the U.S. session Thursday, quoted 0.40% down to $228.27. The stock had dropped 17.01% to $229.18 on Wednesday. Trading volume hit 30.68 million shares that day, or 174% of the 65-day average, with shares moving between $228.17 and $246.49. The dollar loss from the selloff was bigger than the percentage figure shows. A $46.99 fall on 253.9 million outstanding shares as of March 31 works out to about $11.9 billion off Nebius’s equity value. Nebius’s market cap was $57.67 billion after Wednesday’s close, MarketWatch data shows.
2 July 2026
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AT&T faces $15.7 billion SpaceX hit as stock selloff weighs on dividend plans

AT&T faces $15.7 billion SpaceX hit as stock selloff weighs on dividend plans

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2 July 2026
AT&T Inc. traded lower before Thursday’s open, with shares at $20.48, down $0.205, or 1.0%, in premarket action. The move comes as SpaceX’s push has investors reassessing U.S. telecom risk. The core NYSE session will run from 9:30 a.m. to 4:00 p.m. ET on regular trading days, though July 3 is counted as the Independence Day observed holiday. Investors are pulling out their calculators after the “Big Three” telecom stocks tanked again, with Barron’s saying $15.74 billion got wiped off AT&T’s market cap. That drop is part of a $46 billion combined slide for AT&T, Verizon Communications Inc., and T-Mobile US Inc.. For AT&T, losing that much in market value is about the same as two full years of 2026
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NVIDIA Corporation (NASDAQ:NVDA) stock tests $200 as chip selloff shifts to AI capacity risk

NVIDIA Corporation (NASDAQ:NVDA) stock tests $200 as chip selloff shifts to AI capacity risk

NVIDIA Corporation is starting Thursday with a cleaner test than most chip stocks: the stock is below $200, but it did not fall like the rest of the semiconductor tape. Nvidia closed Wednesday at $197.58, down $2.51, or 1.25%, after touching $193.45. It was quoted at $195.50 at 4:07 a.m. EDT in premarket trade. The Philadelphia Semiconductor Index ended Wednesday down 6.3%, while the Nasdaq Composite lost 0.66% and the S&P 500 fell 0.22%. Meta Platforms rose 8.8% after a report that it is building a cloud business to sell excess AI computing capacity.
2 July 2026
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Joby Aviation (NYSE:JOBY) shares fall after Toyota JV filing ties funding to certification

Joby Aviation (NYSE:JOBY) shares fall after Toyota JV filing ties funding to certification

Joby Aviation, Inc. dropped in Wednesday’s session after Toyota Motor Corp expanded its manufacturing partnership with the company. Joby ended the day off 0.9% at $8.84. Shares moved between $9.31 and $8.73, with volume hitting about 45.9 million, higher than the 65-day average of 32.1 million. Toyota was in the headline. The filing focused on timing.
2 July 2026
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Amazon (AMZN) stock gains with AWS’s $1B AI engineer plan testing AI capex returns

Amazon (AMZN) stock gains with AWS’s $1B AI engineer plan testing AI capex returns

Amazon.com, Inc. traded at $241.70 late Wednesday in after-hours, up 1.4% from Tuesday’s close. The Invesco QQQ Trust lost 1.5% and the SPDR S&P 500 ETF Trust edged down 0.1%. The quote was posted after the regular Nasdaq session, which runs from 9:30 a.m. to 4 p.m. Eastern. After-hours continues until 8 p.m. The Nasdaq is set to close on Friday, July 3, for Independence Day. The Nasdaq Composite dropped 0.66% and the PHLX semiconductor index slid 6.3% as chip names pulled the S&P 500 and Nasdaq lower, according to Reuters. Amazon’s gain was a rare positive, even as Meta Platforms Inc. climbed on talk of an AI cloud push.
2 July 2026
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Dow Jones closes down 437 points, short of 20th record high close for 2026

Dow Jones closes down 437 points, short of 20th record high close for 2026

The Dow Jones Industrial Average edged down 13.96 points on Wednesday. The drop came after an earlier gain that saw it hit 52,742.66, but the Dow lost steam, slipping 437.42 points from that intraday high. It settled at 52,305.24, missing out on what would have been its 20th record close of 2026. In the last 30 minutes, the index needed just a small gain to get to that milestone. Investors paid more attention to the swings in the tape than to how the Dow closed. The index fell much further from its high than the final change showed—a 31:1 ratio. The Dow traded across a 716.02-point range for the day, equal to 1.37% of its closing value, according to WSJ
1 July 2026
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Nokia (HEL:NOKIA) share rally may account for about 40% of Helsinki index move

Nokia (NOKIA) shares hold up after FMR voting stake dips under 5%

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1 July 2026
Nokia Oyj slipped Wednesday after a new filing showed FMR LLC’s indirect voting rights in the company fell below 5% as of June 29. Its shareholding stayed just above at 5.20%. The stock has traded as an AI infrastructure play. Nasdaq Helsinki ran a regular session on July 1, with trading in local stocks set for 10:00 to 18:30. July 1 isn’t on the 2026 exchange holiday calendar.
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Micron (NASDAQ:MU) looks to big memory contracts as stock moves into new week

Micron (NASDAQ:MU) falls after GM contract, traders weigh AI memory bets

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1 July 2026
Micron Technology fell 9.8% to $1,041.12 as of 13:58 EDT, in delayed trading. The memory-chip company and General Motors announced a long-term supply agreement. Even so, shares sank $113.17 from Tuesday’s close, wiping around $130 billion from Micron’s value based on its quoted share count. That’s roughly 1.9 times GM’s total market cap. Micron took a hit, and that’s the story. The GM deal adds another buyer for Micron’s memory and storage over the long haul, but the market wants proof. The shares now bake in a tough bet—memory chips trading more like a contracted AI part and less like a classic boom-bust commodity.
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Datavault AI (NASDAQ:DVLT) gains 21% on $700 million minerals push, but $1 Nasdaq gap holds

Datavault AI (NASDAQ:DVLT) gains 21% on $700 million minerals push, but $1 Nasdaq gap holds

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1 July 2026
Datavault AI Inc. jumped 21% after outlining its $700 million minerals plan, but the stock still trades a dollar below Nasdaq minimums. Datavault AI Inc. jumped 21.0% to $0.4234 by midday Wednesday. The company said it is teaming up with Patriot Strategic Metals LLC on a planned strategic minerals platform with an initial Phase I program of up to $700 million. Shares stayed well below the $1 close needed for a Nasdaq cure.
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Walmart stock sinks, wiping $42 billion, raises questions for ad-media value

Walmart stock sinks, wiping $42 billion, raises questions for ad-media value

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1 July 2026
Walmart Inc. lost 4.7% to $107.99 in New York trading late Wednesday morning, wiping out around $42 billion in market cap from the previous close. That loss is big. The stock is priced like a premium growth play, and even this pullback didn’t change that for some investors. Earlier, MarketWatch listed Walmart’s 52-week range as $94.23 to $135.16. At last check, shares traded roughly 20% under that high. Market cap stood near $864 billion. The stock’s trailing P/E was 37.9.
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Latest

AbbVie beats analyst estimates and posts one-day value jump bigger than Apogee deal size

AbbVie beats analyst estimates and posts one-day value jump bigger than Apogee deal size

AbbVie Inc. jumped about $17.8 billion in market cap Thursday, outpacing the value of the deal that’s driving a fresh look at the drugmaker from investors. Shares closed up 3.99% at $261.07 after hitting a 52-week high of $261.64, with the move coming off a $10.01 gain on roughly 1.77 billion shares outstanding. Valuation is the less obvious story here. AbbVie closed above the 12-month target from Investing.com’s 28-analyst average of $256.14, the $258.28 three-month average target from Google Finance, and RBC Capital’s $260 call. So now it’s not about the stock catching up to analyst targets. The focus turns to whether analysts raise their numbers before or after the July 31 Q2 call.
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03 Jul
Snap (NYSE:SNAP) tops Nasdaq, but light trading draws more attention to revenue

Snap (NYSE:SNAP) tops Nasdaq, but light trading draws more attention to revenue

Snap Inc. climbed Thursday, bucking weakness in tech names. The stock’s fifth day up, but volume was below average. That suggests fewer buyers are jumping in during the latest move. Snap ended the day up 1.89% at $4.84, beating the Nasdaq Composite, which dropped 0.80% to 25,832.67 as chip names weighed on the index. Volume came in at 37.2 million shares, about 8.1 million below Snap’s 50-day average. The stock is still trading well under its 52-week high of $10.41.
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03 Jul
Microsoft tops Nasdaq as $2.5 billion AI plan sparks bargain trade

Microsoft tops Nasdaq as $2.5 billion AI plan sparks bargain trade

Microsoft Corporation shares climbed Thursday even as the Nasdaq Composite slipped 0.80%. Investors moved out of chip stocks and into some software names. Microsoft ended up $6.21 at $390.49 on 41.23 million shares, a bit above its 65-day average. Microsoft’s $2.5 billion move on its new AI unit got attention, but the real story is the scale. The Frontier Company bet is under 0.1% of Microsoft’s $2.85 trillion value. On Thursday, the share price was up $6.21, which by itself added about 20 times more market value than the AI unit investment, with 7.43 billion shares out.
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03 Jul
Comcast stock in focus: CMCSA ends week higher as Jan. 29 earnings loom

Comcast Shares Pause With NBCUniversal Spin-Off Hopes Facing Broadband Concerns

Comcast Corporation eked out a small gain Thursday, ending a run of volatile sessions linked to its proposal to separate NBCUniversal and Sky from its cable arm. Shares closed at $23.79, up 0.25%, with 42.1 million shares traded according to WSJ’s quote page, over the 65-day average of 34.3 million. Comcast’s gain looked better on paper than in the tape. The stock is up 62 cents since closing at $23.17 on June 26. With about 3.56 billion shares out, that’s $2.2 billion in new equity value, even as nearly 289.8 million shares traded from June 29 to July 2.
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03 Jul
Applied Optoelectronics (NASDAQ:AAOI) falls after $94M Houston cleanroom raises cash concerns

Applied Optoelectronics (NASDAQ:AAOI) falls after $94M Houston cleanroom raises cash concerns

Applied Optoelectronics, Inc. shares dropped Thursday. The move followed a fresh filing detailing a $94.1 million spend for a Houston cleanroom, with substantial completion scheduled by Jan. 10, 2027. AAOI finished the session at $120.95, dropping $18.05, or nearly 13%, WSJ/FactSet showed. Roughly 15.94 million shares changed hands, about a quarter more than the 65-day average. Shares traded between $113.4109 and $139.2703, a spread of $25.86 or about 21% of the closing price. The stock closed 48% under its 52-week high of $233.67 set May 13.
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02 Jul
Johnson & Johnson (NYSE:JNJ) finishes above analyst target after Dow shift

Johnson & Johnson (NYSE:JNJ) finishes above analyst target after Dow shift

Johnson & Johnson climbed $9.06, or 3.57%, to finish at $263.04 Thursday. That's about $21.8 billion added to its market cap based on 2.41 billion shares, according to WSJ. Shares also hit $263.10, matching the stock's 52-week high. Volume came in at 7.9 million, just below the 65-day average. For investors, the key isn’t the move in one session. The issue is the current price. J&J ended the day above the average analyst target of $262.10. That puts it just $1.96 below the $265 median target. The second-quarter results are coming, and there’s less room to absorb a miss.
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02 Jul
T1 Energy drops as market watches convertible notes and warrant deadline

T1 Energy drops as market watches convertible notes and warrant deadline

T1 Energy Inc. shares slipped Thursday. The real story was traders talking about the gap between warrants expiring next week and convertible notes already in the money. The Austin, Texas-based solar manufacturer traded at $8.56, off 6.8% from the prior close, with a session range from $8.14 to $10.01. That’s a 22.2% spread off the low—much wider than moves seen in the broad market or the solar ETF group. Quote data on T1, SPDR S&P 500 ETF Trust, iShares Russell 2000 ETF and Invesco Solar ETF available at.
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02 Jul
Amazon shares inch higher as investors watch AWS AI bets

Amazon shares inch higher as investors watch AWS AI bets

NEW YORK, July 2, 2026, 5:01 PM EDT Amazon.com Inc ticked higher late Thursday while the Nasdaq slipped. The move was modest but gave investors a clearer signal than the overall index performance. Traders looked at AWS’s newest AI-services pitch as a shot at turning big AI outlays into actual customer sales, instead of just higher data center costs. Shares last traded at $242.67, up 82 cents, or 0.34%, with 47.2 million shares changing hands. Market cap is around $2.64 trillion.
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02 Jul
BitMine (NYSE:BMNR) stock lags behind declared crypto assets as ETH position rises

BitMine (NYSE:BMNR) stock lags behind declared crypto assets as ETH position rises

BitMine Immersion Technologies, Inc. added 1.5% late Thursday, though most of the action was in the discount. The latest stock price with MarketWatch’s share count pegs the equity at around $8.18 billion. That’s still under the $9.8 billion total BitMine said it held in crypto, cash, marketable securities, and “moonshots” as of June 28. The pricing works out to about 83 cents per $1 of reported assets before preferred equity, liabilities, taxes, and operating expenses. That’s key here—BitMine now trades less like a miner, more like a listed ETH balance-sheet play with a fresh spot in the Russell 1000.
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02 Jul
Pfizer (NYSE:PFE) gains with 7% yield as China trial faces questions

Pfizer (NYSE:PFE) gains with 7% yield as China trial faces questions

Pfizer Inc. moved higher late Thursday, but there was too much noise in the market to call the move a clear Pfizer recovery. Shares traded at $24.37, up 2.1% for the day. The Health Care Select Sector SPDR Fund climbed 2.3%. SPY fell 0.3%. Pfizer beat SPY, but couldn't top the sector's gain. Prices are from around 19:47 UTC. Day moves are based on reported price change versus the previous close.
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02 Jul
Axcelis (ACLS) drops $1 billion in market value, topping recent sales

Axcelis (ACLS) drops $1 billion in market value, topping recent sales

Axcelis Technologies, Inc. took a hit Thursday, dropping 18.4% to $145.50 and erasing about $1.0 billion in market cap—more than its $845.4 million in revenue from the past year. Shares fell $32.83 with 30.73 million outstanding, according to StockAnalysis. Axcelis saw its valuation drop sharply after the move. The company finished the session with a $4.47 billion market cap, pricing it at 5.3 times trailing revenue, down from around 6.5 times before shares skidded. The stock settled 16.9% lower than where it opened, ending just 2.4% above the day’s low.
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02 Jul
Peso jumps after weak U.S. jobs data, USMCA auto rules in spotlight

Peso jumps after weak U.S. jobs data, USMCA auto rules in spotlight

The Mexican peso climbed on Thursday as the dollar slipped after a soft U.S. jobs report. But traders are looking at a split setup—short-term U.S. rate risk is down, but USMCA auto risk could ramp up later in the year. The peso was up 0.42% against the dollar in early afternoon trading in Mexico City, changing hands around 17.47 after opening close to 17.56. The currency had slipped 0.42% on Wednesday, finishing the day near 17.55, according to market data cited by Milenio.
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02 Jul
Dow up but AI-chip slide hits Nasdaq after jobs report

Dow up but AI-chip slide hits Nasdaq after jobs report

U.S. stocks ended mixed Thursday, with losses in AI and chip names wiping out broader gains. The Dow Jones Industrial Average rose 291.82 points, or 0.56%, to 52,597.06, according to Reuters/LSEG data. The S&P 500 slipped 32.26 points, or 0.44%, to 7,450.97, and the Nasdaq Composite dropped 309.35 points, or 1.19%, to 25,730.69. Market breadth turned out to be the key metric. This wasn’t a straight risk-off session. Barron’s reported 320 S&P 500 names gained even though the index slipped. That points to AI-heavy large caps dragging the benchmark. For index fund holders, it was another reminder that a small group of tech and chip stocks can pull the whole index down, even if most stocks go up.
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02 Jul
Dow sets new record close as Apple and Amgen help blue chips, AI stocks lag

Dow sets new record close as Apple and Amgen help blue chips, AI stocks lag

The Dow Jones Industrial Average finished Thursday at a new closing high of 52,680.29, trading between 52,395.22 and 52,805.12 during the day. That beats the last record close Tuesday at 52,319.20. The Dow added 1.55% for the week, which is short due to markets closing for July Fourth. This move didn’t show big risk appetite. It was a matter of how the Dow works. S&P Dow Jones Indices says the Dow is price-weighted, so each company’s share price matters more than its market cap. Google Finance also notes that stocks with higher prices move the index more, regardless of company size. That meant some higher-priced Dow stocks had a bigger impact, outweighing losses in AI and chips.
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02 Jul
Marvell Technology (NASDAQ:MRVL) slips, AI data-center premium narrows ahead of holiday

Marvell Technology (NASDAQ:MRVL) slips, AI data-center premium narrows ahead of holiday

Marvell Technology, Inc. dropped 10.8% to $242.78 on Thursday afternoon, leading losses among chip stocks. Broadcom Inc., NVIDIA Corp. and the broader market also slipped as traders sold semiconductors ahead of the long U.S. market holiday. Valuation is more clear cut. Marvell posted $1.83 billion in data-center revenue for the first quarter, making up 76% of total sales. With 874.8 million shares outstanding, according to Google Finance, that puts the equity market paying roughly 29 times Marvell’s current annualized data-center run rate. At the 52-week peak, the multiple was about 39.
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02 Jul
Figma (NYSE:FIG) spikes after Russell news and call action hits shorts

Figma (NYSE:FIG) spikes after Russell news and call action hits shorts

Figma, Inc. jumped 11.8% to $21.79 late Thursday, after a Russell index move sparked a big rally in the software name. Shares traded 31% above the stock’s 52-week low but are still down about 34% from last July’s $33 IPO price. The rally caught attention as high-growth tech stocks lagged. Reuters said the Nasdaq Composite dropped 1.54% and the S&P 500 lost 0.72% with tech falling again for a second day. Adam Sarhan, CEO at 50 Park Investments, said poor jobs numbers “takes the pressure off the Fed to raise rates in the short term.”
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02 Jul
Super Micro Computer (NASDAQ:SMCI) wipes out $1.6B in value intraday after Taiwan letter fizzles

Super Micro Computer (NASDAQ:SMCI) wipes out $1.6B in value intraday after Taiwan letter fizzles

Super Micro Computer, Inc. gave up early gains Thursday. The stock’s initial rise faded as a relief rally tied to the Taiwan probe reversed, wiping out about $1.61 billion intraday before the final hour on the Nasdaq. The AI server stock slipped 2.8% to $26.87 as of the latest quote before the dateline. It had earlier hit $29.20, or 5.6% above Wednesday’s close, but then gave up those gains and dropped below the previous close. Shares finished the stretch 8.0% off the day’s high.
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02 Jul
Ford (NYSE:F) slips as F-Series lot stocks face rebound test

Ford (NYSE:F) slips as F-Series lot stocks face rebound test

Ford Motor shares dropped harder than the market on Thursday after the automaker posted soft U.S. sales. But inventory may tell the bigger story. Ford ended June with 471,000 vehicles in gross stock, an amount that's 85.8% of its Q2 U.S. sales total. Traders are now focused on whether Ford can clear out those F-Series trucks in the second half without slashing prices. The report landed in normal NYSE hours. Regular trading on the exchange runs from 9:30 a.m. until 4 p.m. ET. This Friday, July 3, the market shuts down for the Independence Day holiday.
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02 Jul
Netflix stock jumps as ad revenue and live sports test loom before Q2 results

Netflix stock jumps as ad revenue and live sports test loom before Q2 results

Netflix, Inc. rose more than 5% on Thursday, a rare green patch in a weak tech tape, as traders bought the streaming stock two weeks before earnings and ahead of a July live-sports test that may matter more for ads than for pure viewing time. The stock traded at $78.24, up $4.05, or about 5.5%, with volume above 35 million shares. It had opened at $75.13 and touched $78.425, while Invesco QQQ Trust fell about 2.0% and VanEck Semiconductor ETF dropped about 5.4%.
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02 Jul
Aehr Test Systems stock slides as Russell deletion and rich AI orders math collide

Aehr Test Systems stock slides as Russell deletion and rich AI orders math collide

Aehr Test Systems, Inc. dropped sharply on Thursday, with the small-cap semiconductor test equipment maker trading down about 21% at $66.74 as of the latest available data near 1:50 p.m. EDT. The stock opened at $84.20, rose as high as $87.51, then fell as low as $66.38, a 24% high-to-low break in the same session. The selloff was far heavier than the broader tape. Invesco QQQ Trust was down about 2.3%, while iShares Russell 2000 ETF was off about 1.3%, based on the same latest quote set.
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02 Jul
MARA Holdings (NASDAQ:MARA) shares slip as bitcoin gains can’t boost miner

MARA Holdings (NASDAQ:MARA) shares slip as bitcoin gains can’t boost miner

MARA Holdings, Inc. fell Thursday while bitcoin moved up. The split made the stock more tied to miner and data-center risk instead of tracking the coin directly. Shares fell 8.4% to $12.25. The stock hit $14.08 earlier, leaving it down 13.0% from the session high. About 33.7 million shares traded, with the most recent trade posted at 17:46 UTC, around 1:46 p.m. New York time.
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02 Jul
Intuitive Surgical (NASDAQ:ISRG) gains $6.9 billion in run-up to Q2, but gap on value sticks

Intuitive Surgical (NASDAQ:ISRG) gains $6.9 billion in run-up to Q2, but gap on value sticks

Intuitive Surgical, Inc. shares rose Thursday, but the bounce did little to mend losses racked up from January through July. The robotic-surgery name was up 4.7% at $421.42 as of 1:46 p.m. EDT, after opening at $409.81 and hitting $423.30 at the high. The stock last closed at $402.38. MarketWatch reported on Wednesday that Intuitive was 33.37% off its 52-week high of $603.88 from Jan. 7. With Thursday's price, the gap narrowed to about 30.2%. That still leaves about $65.6 billion in market cap below the January top, based on the latest price and quoted market value.
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02 Jul
Treasury Cash Needs Combine With RRP Drop, Raising New U.S. Market Risk

Treasury Cash Needs Combine With RRP Drop, Raising New U.S. Market Risk

The risk that’s not getting much talk in U.S. markets ahead of the holiday is the thin cash buffer under Treasuries. The Fed’s overnight reverse repo facility took in just $2.175 billion on Thursday. Treasury’s cash balance was $919.14 billion as of June 30. Based on the latest figures, the RRP pad is just 0.24% of Treasury cash. This isn’t a stress print alone. It’s just a soft setup. The Treasury is about to boost its cash pile and push more bills, and bank reserves are already down on the week in the latest Fed data. Even a small move in funding rates can spill into stocks through yields and leverage.
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02 Jul
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